Trader Tim

Marcellus Shale: The Price Just Went Up

These Shale plays are going to be cash cows.....XTO stated in their last conference call that they think they paid $3 per share for Linn and they think they got the Marcellus Acrerage for free :)

Soon Cramer will be talking about the 4 horseman of Nat Gas..... Chesapeake, XTO, ?, ? I'm thinking ECA Encana could get in there and maybe Range Resources?